Thursday, September 18, 2025
19.2 C
Srinagar

Microsoft to fire 10k employees in 5 pc workforce cut – Reports

Washington, Jan 18 : Microsoft is going to fire around 5% of its employees worldwide in January, which is approximately 10,000-11,000 jobs, UK broadcaster Sky News reported.
The IT giant may announce its plans on staff reduction in the coming days, the broadcaster said on Tuesday. Sky News said that poor economic environment had become the main reason for this decision.
Windows’ developer said in response to a request by Sky News that the company “does not comment on rumour or speculation.”
Microsoft will become another major IT corporation that resorted to staff reductions over the last 12 months amid global economic slowdown. Twitter, under his new owner Elon Musk, cut thousands of jobs in 2022. Thousands of people employed by Meta (banned in Russia), Amazon, and HP have lost their jobs recently or will be fired this month, according to reports.

Hot this week

Deputy CM Surinder Choudhary Says Mehraj Malik’s Language ‘Unacceptable’ but PSA ‘Not Justified’

Budgam: Deputy Chief Minister Surinder Choudhary on Thursday said...

Anti-Corruption Court Doda Convicts Two PWD Engineers in Bribery Case

Doda: The Anti-Corruption Court Doda on Thursday convicted two...

Mehbooba Mufti Condemns House Arrest of Leaders, Says BJP ‘Weaponising Pain’ in Kashmir

Srinagar: Peoples Democratic Party President Mehbooba Mufti on Thursday...

Non-functional J&K Bank ATM outside Tral Sub-District Hospital sparks outrage

Tral: The Jammu and Kashmir Bank ATM installed outside...

Students protest in Baramulla as INC withdraws recognition for St. Joseph Nursing courses

Baramulla:A protest broke out in North Kashmir’s Baramulla district...

Topics

Anti-Corruption Court Doda Convicts Two PWD Engineers in Bribery Case

Doda: The Anti-Corruption Court Doda on Thursday convicted two...

Mehbooba Mufti Condemns House Arrest of Leaders, Says BJP ‘Weaponising Pain’ in Kashmir

Srinagar: Peoples Democratic Party President Mehbooba Mufti on Thursday...

Non-functional J&K Bank ATM outside Tral Sub-District Hospital sparks outrage

Tral: The Jammu and Kashmir Bank ATM installed outside...

Students protest in Baramulla as INC withdraws recognition for St. Joseph Nursing courses

Baramulla:A protest broke out in North Kashmir’s Baramulla district...
spot_img

Related Articles

Popular Categories

spot_imgspot_img